Emerging companies are developing ways to connect artists and their fans, including compressing avatars of stars into tiny packages that devotees can include in their own social media posts. In other words, avatars are working harder than ever, and perhaps setting a blueprint for how the pop stars of the future will handle the work of fame, outsourcing some of the labor to digital look-alikes.
Spotify’s relationship with Google has been much friendlier than with Apple. The companies have teamed up on smart-speaker giveaways, and Spotify has used direct credit-card billing for subscriptions in its Android app without also offering Google’s in-app purchases. There may be trouble ahead.
It’s an early step, but it’s a step forward nonetheless: On Monday an updated Heroes Act, which includes provisions of the $10 billion bipartisan Save Our Stages Act designed to provide financial assistance to independent music and live-entertainment venues across the U.S., was introduced in the House of Representatives.
On Sept. 23, auction-house giant Christie’s announced plans to sell its first nonfungible token, or NFT, at an auction. This was just one week after the record-setting $100,000 sale at auction of a digital art piece that also used a blockchain-based token to vest the collector’s new ownership rights. Meanwhile, Anthony Pompliano, Morgan Creek Digital co-founder and partner, wrote on Sept. 21: “I personally believe that the digital art market cap will grow to become larger than the physical art market cap. This may sound ridiculous today.”
Each “Monday Night Football’ broadcast this season takes place as the NFL and the TV networks that air its games are holding critical negotiations about rights contracts that, if they aren’t renewed, could determine nothing less than the fate of traditional TV itself. To be sure, networks make tweaks and improvements to regular programs all the time, but this season, any changes to gridiron TV take place under a new and intense spotlight.
The coronavirus crisis has upended the traditional economics of Hollywood, attracting news investors to the film business. As theaters have yet to fully reopen and draw film fans, studios have had to find other ways to release their movies and recoup investments. That has opened the floodgates for deals to sell movies to streamers and for rich individuals in the U.S. and overseas to back film production.
Netflix, Disney+ and Amazon Prime Video will control half the world’s subscription-video on demand (SVOD) users by 2025, according to a new survey. Research covering 138 countries shows SVOD subscriptions will more than double — to 1,170 million in 2025 from 529 million a year ago, according to Digital TV Research.
A D.C. federal judge is giving TikTok a temporary reprieve from the U.S. government’s rollout of a ban on the popular video app. A partial injunction order came after an emergency court hearing on Sunday. TikTok owner ByteDance had been facing a Sunday deadline to satisfy the Trump Administration’s national security concerns about data scooped up by the Chinese-owned company.
Peter Chernin wants to spin Spotify’s podcasts into TV and movie gold. Spotify and Chernin Entertainment have formed a multiyear partnership to adapt the audio streamer’s original podcasts for television, film and digital video. Under the first-look deal, the two companies will collaborate 50-50 on investing in developing new projects.